Summit Partners has made a growth equity investment in 360 Treasury Systems
Summit Partners made a growth equity investment in 360 Treasury Systems AG (“360T Group”).
The all-senior debt financing was conducted with a club of five banks – GE Corporate Finance (Agent & Coordinator), Berenberg, Deutsche Bank, HSBC and IKB – which will lower the financing costs of the group substantially.
360T Group, based in Frankfurt, Germany, is the leading independent provider of web-based trading technology for OTC financial instruments, particularly currency exchange, short-term money market loan/deposits and interest rate derivatives. Based on its proprietary core technology, 360T Group’s multi-bank platform provides deep liquidity for corporate treasuries, banks, asset/fund managers as well as for insurance companies and hedge funds.
Summit Partners is a leading growth equity firm that invests in rapidly growing companies with offices in Boston, London, Palo Alto and Mumbai. Founded in 1984, Summit has raised more than USD 14 billion in capital.
Lincoln International was retained by Summit Partners as exclusive debt advisor for the financing.
View More Transactions
Lincoln International advised Wind Point Partners on the acquisition of Central Moloney Incorporated
Lincoln International has advised EMZ Partners on the sale of ASSEPRO to The Ardonagh Group
Lincoln International advised LEBC Holdings on its agreement to sell Aspira Corporate Solutions to Titan Wealth
Lincoln International advised Scheybeeck on the sale of a majority stake in BUKO Traffic & Safety to Equistone
Lincoln International advised Rivean Capital on the sale of ELCEE Group to Torqx Capital Partners
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.